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Business English Exercises
 

Business buzzwords: Online exchange

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 173
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online exchange answer 1
HedgeStreet, Inc., the nation's first government-regulated online exchange for binary options and futures, today announced that it has secured $12.5 million from Norwest Venture Partners (NVP), a leading Silicon Valley venture capital firm.

Correct answer: (b) HedgeStreet

Meaning of business term HedgeStreet
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online exchange answer 2
Confident that there was a healthy base of stockholders who would not sell out, the Walbro board created more shares and looked for a large capital base that could keep these new shares in friendly hands.

Correct answer: (b) hands

Meaning of business term hands
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online exchange answer 3
The dragon bond, essentially a Eurobond sold and listed in Asia, primarily in Hong Kong, Singapore and Taiwan, was pioneered by the Asian Development Bank, which saw in its own needs to raise money an opportunity to spur the development of capital markets for Asian borrowers in their own time zones.

Correct answer: (a) dragon

Meaning of business term dragon
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online exchange answer 4
Bloomberg News uses the Cardboard Box Index, which follows leading packaging and boxing stocks to predict manufacturing output; the reasoning is, if you manufacture something, you need something to put it in.

Correct answer: (a) Cardboard

Meaning of business term Cardboard
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online exchange answer 5
The reason for the January Effect is debated among academics; the most common explanation is for tax reasons — individual investors sell their small stocks that have declined in December to offset capital gains taxes, and selling knocks down the prices.

Correct answer: (a) Effect

Meaning of business term Effect
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online exchange answer 6
Before Google priced its $1.9 billion IPO, Playboy magazine published an interview that the company's founders had given months earlier; because the interview occurred before Google filed its IPO registration statement, the interview could have been viewed as a gun-jumping violation of the securities laws.

Correct answer: (a) gun-jumping

Meaning of business term gun-jumping
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online exchange, question 6 business buzzwords: online exchange, english comprehension worksheet, what does gun-jumping mean?

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online exchange answer 7
On December 4, 2001, intending to execute a large amount of short sale of a stock, traders of Morgan Stanley Securities realized that such execution was difficult, insomuch as buy orders were only placed at lower prices than the latest market price and short sale on a minus tick is prohibited by a Cabinet Order.

Correct answer: (d) tick

Meaning of business term tick
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online exchange answer 8
In an article published in the Journal of Petroleum Technology titled 'Competitive bidding in high risk situations', by Capen, Clapp and Campbell of the Atlantic Richfield Company (ARCO) in 1971, the authors coined the term 'winner's curse'.

Correct answer: (b) curse

Meaning of business term curse
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online exchange answer 9
Christopher Cox, the SEC Chairman, recently testified that "hedge funds were too risky for Mom and Pop investors"; he even wants to increase the net worth threshold to be considered wealthy enough to invest in hedge funds.

Correct answer: (b) Mom and Pop

Meaning of business term Mom and Pop
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online exchange answer 10
In the downstream sector, OPEC Member Countries are planning nearly a 50% increase in distillation and condensate splitter capacity, which would bring the combined capacity to 17.7 mb/d by the end of 2011, a relatively short time span considering the usual lead times required for refinery projects.

Correct answer: (b) downstream

Meaning of business term downstream
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